ACSTO - How it Works
Helping our Students
In 1997 the state of Arizona implemented the Private School Tuition Tax Credit Law (A.R.S. Section 43-1089). The legislation allows a married couple filing jointly to make a donation to the Arizona Christian School Tuition Organization (ACSTO) up to $1000 and receive a dollar-for-dollar credit against the taxpayer’s Arizona state income tax. A single taxpayer can give up to $500. This legislation therefore allows a taxpayer to make a sizable contribution that essentially results in no cost to him/her yet provides significant scholarships to children attending a private school.
About ACSTO
The Arizona Christian School Tuition Organization was incorporated in 1998 for the sole purpose of implementing the private school tuition tax credit law passed and signed into law in 1997 as A.R.S. Section 43-1089.
ACSTO is a tax exempt charitable organization pursuant to federal tax law, Section 501(c)(3).
Give Parents the Choice for a Christian Education at Joy Christian School
Taxpayers have long dreamed of having the ability to determine how their tax dollars are spent. The good news is now they can. The Arizona Tuition Tax Credit Act of 1997 allows taxpayers with an Arizona income tax liability to contribute up to $1000 to a qualified School Tuition Organization. In doing so they assist children in receiving a quality, private education and receive a tax credit against their state tax obligation, and it costs them nothing. That right -- it’s completely free!
Sound too good to be true? Well it is true and here’s all you have to do to take advantage of this opportunity.
- Complete the Donation Form then simply write a check for up to $1000 to ACSTO (Arizona Christian School Tuition Organization) by December 31 and mail your check to:
ACSTO
P.O. Box 6580
Chandler, AZ 85246
- Or you can charge your contribution by completing the Donation Form by December 31 and mail it to:
ACSTO
P.O. Box 6580
Chandler, AZ 85246
- Or call in your contribution to ACSTO at 480-820-0403 and speak to one of their representatives. Please remember to call in by December 31 in order to be eligible for a tax credit.
- Or make a contribution online by going to www.acsto.com. Please remember the deadline is midnight December 31 in order to be eligible for a tax credit.
When you prepare your Arizona State Income Tax Return, there will be a line on your tax return where you will show your contribution to the ACSTO. The full amount of your contribution (up to $1000) will then be deducted from your tax liability for the year.
If you have already paid $1000 or more to the state through payroll deductions, the full amount of your ACSTO contribution will be refunded to you. If you owe additional money to the State, the amount you owe will be reduced by the full amount of your ACSTO contribution.
That’s it! It’s that simple -- and you can rest assured knowing that your contribution is helping deserving students get a quality Christian education!
ACSTO Grant/Scholarship Opportunities
Parents may apply for grants/scholarships through the Arizona Christian School Tuition Organization. The Grant/Scholarship Application Form must be completed, along with the required attachments, and mailed or faxed to:
ACSTO
P.O. Box 6580
Chandler, AZ 85246
Phone: (480) 820-0403
Fax: (480) 820-2027
www.acsto.com
Please refer to the Grant/Scholarship Application Form and/or www.acsto.com for complete details.